Huawei has officially unveiled the Mate XT Ultimate Design, the world’s first commercially available tri-fold smartphone, and it’s as groundbreaking as it is expensive. The device’s starting price of 19,999 yuan (about $2,809) for the 256GB model outpaces even premium laptops like the 16-inch MacBook Pro, with larger variants costing up to 23,999 yuan ($3,370) for 1TB of storage.

The Mate XT features a unique dual-hinge design that allows the phone to fold into three configurations. It operates as a standard smartphone when folded, using a 6.4-inch OLED screen with a 120Hz refresh rate. When partially unfolded, it transforms into a 7.9-inch display, and when fully opened, the screen stretches to an Impressive 10.2 inches with a 3K resolution (3184 x 2232 pixels), ideal for multitasking or entertainment.

Despite its size and innovative design, the Mate XT remains relatively slim at 3.6mm thick when fully unfolded, and 12.8mm when collapsed. The device weighs 298 grams, making it slightly heavier than traditional smartphones but lighter than most foldables in its class.

Under the hood, the Mate XT packs a 5,600mAh battery with support for 66W wired fast charging and 50W wireless charging. The triple-camera system includes a 50MP main sensor, 12MP ultrawide, and 12MP periscope lens, delivering high-quality photos across a range of lighting conditions. An 8MP front camera is also available for selfies.

Powered by HarmonyOS 4.2 and equipped with 16GB of RAM, the Mate XT is a performance powerhouse. However, with its high price tag and limited availability outside of China, this luxury device is targeted at niche markets and tech enthusiasts.

Ultimately, Huawei’s Mate XT pushes the boundaries of foldable technology, combining innovation with premium features, but its steep price may keep it out of reach for many.

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Swedish car company Volvo has said that it has given up it's plan to sell only fully electric cars by 2030, saying it now expects to be selling some hybrid vehicles by that date. The carmaker blamed changing market conditions for its decision to give up a target it had announced only three years ago.

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Apple has been ordered by the European Court of Justice (ECJ)  to pay Ireland €13 billion ($14 billion) accumulated in unpaid taxes, marking the end of an eight-year legal dispute. The  announced decision upholds the European Commission's 2016 finding that Ireland had granted Apple illegal tax advantages from 1991 to 2014.

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China has announced an investigation into Canadian canola imports, escalating an ongoing trade conflict between the two nations. The probe, which could result in tariffs on one of Canada's key exports, was initiated just a week after Canada imposed new tariffs on Chinese-made electric vehicles (EVs), steel, and aluminum. This latest development marks another chapter in the growing tensions between the two countries as they engage in tit-for-tat trade measures.

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As the Apple consumer community  eagerly awaits for the highly anticipated iPhone 16 launch, Chinese tech giant Huawei has stolen some of the spotlight with its own groundbreaking smartphone offering. According to Huawei's website, the company has already racked up a staggering 3 million preorders for its new Mate XT tri-fold smartphone, underscoring its fierce determination to stay competitive in the cutthroat global smartphone market.

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